OPEC Basket Price for August 24 down $1.24 at $69.69
Houston, TX August 25, 2010 7:03 AM ET
- The price of the OPEC basket of thirteen crudes stood at $69.69 per barrel on Tuesday, down $1.24 from Monday, August 23, according to OPEC Secretariat calculations. The...
API: Weak Gasoline Demand Reflects Struggling Economy
Washington, DC August 24, 2010 5:15 PM ET
- At 9.3 million barrels a day, U.S. gasoline deliveries (a measure of demand) fell slightly (0.03%) last month compared with July 2009, continuing weak deliveries for the...
NYMEX Oil Complex Still Pressured on Economic Problems
Houston, TX August 24, 2010 3:14 PM ET
- The NYMEX October crude and September RBOB gasoline and heating oil contracts all ended under Monday's settles. The continued selling pressure is still being attributed to...
NYMEX Oil Complex Lower as Selling Continues after Weak Housing Report
Houston, TX August 24, 2010 11:17 AM ET
- The October NYMEX crude and September RBOB gasoline and heating oil contracts are all well into negative territory at midday as selling continues on concerns the U.S....
API Expands Access to its Safety Standards
Washington, DC August 24, 2010 9:36 AM ET
- The American Petroleum Institute announced it would provide free online public access to a large group of key industry standards, including a broad range of safety...
NYMEX Oil Complex Lower on Economic Concerns
Houston, TX August 24, 2010 8:18 AM ET
- The October NYMEX crude and September RBOB gasoline and heating oil contracts are expected to open below Monday's weak settles on further liquidation. As has been the case...
OPEC Basket Price for August 23 down $0.85 at $70.93
Houston, TX August 24, 2010 8:00 AM ET
- The price of the OPEC basket of thirteen crudes stood at $70.93 per barrel on Monday, down $0.85 from Friday, August 20, according to OPEC Secretariat calculations. The...
NYMEX Oil Complex Lower as Economic Worries Continue to Plague Markets
Houston, TX August 23, 2010 3:20 PM ET
- The NYMEX October crude and September RBOB gasoline and heating oil contracts all ended below Friday's settles. We continue to attribute lower prices to economic concerns....
NYMEX Crude and Heating Oil Up, Gasoline Lower on Spread Plays
Houston, TX August 23, 2010 10:50 AM ET
- The October NYMEX crude and September heating oil contracts are all both above Friday's settles while the September RBOB gasoline contract is in negative territory. The...
NYMEX Oil Complex Higher on Light Short-Covering
Houston, TX August 23, 2010 8:06 AM ET
- The October NYMEX crude and September RBOB gasoline and heating oil contracts are expected to open above Friday's settles on what we believe is a light bout of...
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